Upwork (UPWK) EV to EBIT (2024 - 2026)
Upwork's (UPWK) EV to EBIT came in at 3.61 for Q2 2026, down 59.0% from 8.81 a year earlier and down 42.5% from the prior quarter.
Upwork (UPWK) EV to EBIT (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBIT at Upwork was -12.33; for FY2025, it came in at 14.81, down 30.6% from FY2024.
- In prior years, Upwork's EV to EBIT was 21.33 in FY2024.
- The Q2 2026 figure stands as the lowest quarterly EV to EBIT in data going back to Q1 2024.
- On a year-over-year basis, EV to EBIT has declined in each of the last three quarters, with an average decline of 28.3% over the last six quarters.
- According to Business Quant data, EV to EBIT for the three prior quarters was 6.28 (Q1 2026), 14.81 (Q4 2025) and 15.68 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,142.52 Bn | 3,900.05 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,882.44 Bn | 1,584.96 Bn | 49.47 Bn |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 250.25 Bn | 68.12 Bn | 15.11 Bn |
| 5 | Shopify | 192.03 Bn | 169.21 Bn | 1.71 Bn |
| 6 | Uber Technologies | 141.56 Bn | 113.53 Bn | 6.38 Bn |
| 7 | Booking Holdings | 121.98 Bn | 55.03 Bn | - |
| 8 | PDD Holdings | 110.31 Bn | -141.62 Bn | 9.45 Bn |
| 9 | AppLovin | 102.49 Bn | 92.52 Bn | 1.70 Bn |
| 10 | Upwork | 1.01 Bn | -1.50 Bn | 146.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.61 |
| Mar 31, 2026 | 6.28 |
| Dec 31, 2025 | 14.81 |
| Sep 30, 2025 | 15.68 |
| Jun 30, 2025 | 8.81 |
| Mar 31, 2025 | 9.99 |
| Dec 31, 2024 | 21.33 |
| Sep 30, 2024 | 9.58 |
| Jun 30, 2024 | 13.77 |
| Mar 31, 2024 | 34.07 |
Upwork EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=UPWK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "UPWK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=UPWK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();